If you are looking to tap into your home value, a home equity loan and a HELOC are two common options, but they work a little differently. A home equity loan gives you a lump sum upfront with a fixed interest rate and predictable monthly payments. It is a good fit for one-time expenses like…
At SVCU, helping members goes far beyond completing transactions, and Kelly embodies that every day. What is your favorite part of your job? Kelly’s favorite part of her role is building real relationships with members. Whether she is helping someone find the right account or lending a listening ear, she takes pride in making members…
The Saco Valley Credit Union 2026 Annual Meeting was held on Wednesday, April 29th at the Biddeford Saco Elks at 68 Ocean Park Rd in Saco. Doors opened at 5 p.m. for light refreshments, and the meeting began promptly at 5:30 p.m. Registration is now closed. Click here to view our 2025 Annual Summary and…
Tax season can feel overwhelming. With a little preparation, you can make the filing process smoother. Here are some practical tips to help you get organized and stay on track. Gather Your Documents Early – Start by collecting your essential documents: W2s, 1099s, mortgage or loan statements, and records of any interest or dividends. Know the Deadlines – Mark your…
What Is a Credit Score? A credit score is a number lenders use to predict how likely you are to repay a debt. It matters because your credit score helps determine whether you qualify for a vehicle loan, mortgage, or even an apartment rental. A higher score signals lower risk and can lead to better loan terms and lower…
